CryptoArt.Ai is Asia's largest NFT platform for transaction of encrypted artworks. It allows any user to create and display their own works, and owns the ownership of the NFT. The platform integrates casting, sales, and collection of NFT encrypted artworks. More than 600 artists from more than 40 countries and regions have settled in the platform at present and the sold-out rate of works exceeds 60%.
On the CryptoArt.Ai platform based on ERC-721 protocol, users can make bids to artists directly, or buy directly according to the bids. Artists can control the pricing model and can also give users NFTs.
All works of each creator are cast by the smart contracts of their own blockchain. Under this mechanism, any application in the ecosystem can be directly integrated with the contracts of individual artists without affecting the entire market pool. The new combination of artworks and auction mechanism innovates the traditional circulation mode of artworks so that the artworks can get rid of the intermediary and is traded with the smart contracts as an individual.
$CART is the ecological token of the CryptoArt.Ai platform and has the dual attributes of platform coin + authority token. Users make lock position for CART and obtain NFT encrypted artworks of different levels according to the weighted average of the duration and quantity. Realization can be obtained through through free transfer of NFT, and CART will never be inflated. The user consumes CART and pushes the NFT artwork he holds to the hot page of DAPP, and CART realizes deflation. Part of the platform's revenue is used to repurchase and destroy CART, further reducing the total amount of CART and gradually becoming a scarce asset.
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